After finishing at $132.78 in the prior trading day, Illumina Inc (NASDAQ: ILMN) closed at $128.10, down -3.52%. In other words, the price has decreased by -$4.68 from its previous closing price. On the day, 1436322 shares were traded. ILMN stock price reached its highest trading level at $133.20 during the session, while it also had its lowest trading level at $126.20.
Ratios:
Our goal is to gain a better understanding of ILMN by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 72.18. For the most recent quarter (mrq), Quick Ratio is recorded 1.29 and its Current Ratio is at 1.66. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.38.
On January 04, 2024, TD Cowen Downgraded its rating to Market Perform which previously was Outperform but kept the price unchanged to $144.
Scotiabank Upgraded its Sector Perform to Sector Outperform on December 18, 2023, while the target price for the stock was maintained at $185.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 22 ’24 when Thaysen Jacob bought 7,330 shares for $135.29 per share. The transaction valued at 991,672 led to the insider holds 14,861 shares of the business.
Hoyt Aimee L sold 315 shares of ILMN for $35,545 on Nov 07 ’23. The SVP, Chief People Officer now owns 8,314 shares after completing the transaction at $112.84 per share. On Aug 22 ’23, another insider, TOUSI SUSAN H, who serves as the SVP, Chief Commercial Officer of the company, sold 500 shares for $167.04 each. As a result, the insider received 83,520 and left with 45,524 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ILMN now has a Market Capitalization of 20.37B and an Enterprise Value of 21.57B. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.52 while its Price-to-Book (P/B) ratio in mrq is 3.55. Its current Enterprise Value per Revenue stands at 4.79 whereas that against EBITDA is -35.48.
Stock Price History:
Over the past 52 weeks, ILMN has reached a high of $233.42, while it has fallen to a 52-week low of $89.00. The 50-Day Moving Average of the stock is 138.50, while the 200-Day Moving Average is calculated to be 148.87.
Shares Statistics:
The stock has traded on average 1.94M shares per day over the past 3-months and 1.55M shares per day over the last 10 days, according to various share statistics. A total of 159.00M shares are outstanding, with a floating share count of 158.12M. Insiders hold about 0.49% of the company’s shares, while institutions hold 91.08% stake in the company. Shares short for ILMN as of Feb 29, 2024 were 4.95M with a Short Ratio of 2.56, compared to 4.67M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.11% and a Short% of Float of 3.49%.
Earnings Estimates
Its stock is currently analyzed by 14 different market analysts. On average, analysts expect EPS of $0.04 for the current quarter, with a high estimate of $0.25 and a low estimate of -$0.1, while EPS last year was $0.08. The consensus estimate for the next quarter is $0.15, with high estimates of $0.25 and low estimates of $0.01.
Analysts are recommending an EPS of between $1.38 and $0.42 for the fiscal current year, implying an average EPS of $0.89. EPS for the following year is $2.46, with 18 analysts recommending between $4.53 and $1.05.
Revenue Estimates
13 analysts predict $1.05B in revenue for the current quarter. It ranges from a high estimate of $1.06B to a low estimate of $1.05B. As of the current estimate, Illumina Inc’s year-ago sales were $1.09B, an estimated decrease of -3.00% from the year-ago figure. For the next quarter, 13 analysts are estimating revenue of $1.11B, a decrease of -4.30% less than the figure of -$3.00% in the same quarter last year. There is a high estimate of $1.17B for the next quarter, whereas the lowest estimate is $1.06B.
A total of 19 analysts have provided revenue estimates for ILMN’s current fiscal year. The highest revenue estimate was $4.68B, while the lowest revenue estimate was $4.35B, resulting in an average revenue estimate of $4.51B. In the same quarter a year ago, actual revenue was $4.5B, up 0.10% from the average estimate. Based on 19 analysts’ estimates, the company’s revenue will be $4.87B in the next fiscal year. The high estimate is $5.13B and the low estimate is $4.43B. The average revenue growth estimate for next year is up 8.00% from the average revenue estimate for this year.
